Sweet Economic Spot Continues, from George Zachar

2007-03-09 · George Zachar
Original source

Feb.    Jan.
                                        2007    2007

Unemployment rate           4.500%     4.600%
 Rate (3 decimals)             4.493%      4.587%
Avg. hourly earnings          0.400%     0.200%
Avg. weekly hours             33.7          33.8

Nonfarm employment        97            146
Total private                      58            131

Avg. hourly earnings        $17.16      $17.10
MOM% change                     0.40%      0.20%

Damn strong, though some of the lesser entrails weren't as gangbuster as the headline figures.

Note ADP was off by only 1,000 in its estimate using their new technique this month; so expect that indicator to assume more importance going forward.